OMAHA, Neb.----Gavilon, LLC announced today that it has finalized the acquisition of nine grain facilities in Texas from Charlie Myers Grain Co. This marks the first purchase for the company since its inception in June 2008, when a group of investors bought the former ConAgra Trade Group.
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Gavilon, LLC Completes Acquisition of Charlie Myers Grain Co. (Business Wire)
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At Madoff Hearing, Congressional Committee Vows Reform
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Members of the House Financial Services Committee vowed today to undertake a major overhaul of the U.S. financial regulatory system in the wake of an alleged $50 billion fraud that they said should have been detected earlier.
Read more »Compass Diversified Holdings to Present at CJS Securities 9th Annual 'New Ideas for the New Year' Investor Conference (PR Newswi
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Compass Diversified Holdings , a leading acquirer and manager of middle market businesses, announced today that Joe Massoud, Chief Executive Officer, is scheduled to present at the CJS Securities 9th Annual "New Ideas for the New Year" Investor Conference in New York on Wednesday, January 7, 2009.
Read more »Acuity Brands Announces Acquisition of Lighting Control & Design (Business Wire)
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ATLANTA----Acuity Brands, Inc. today announced it has acquired substantially all of the assets and assumed certain liabilities of California based Lighting Control & Design, Inc. , a manufacturer of comprehensive digital lighting controls and software.
Read more »Treasurys fall as investors brace for supply glut
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NEW YORK -- Treasury bond yields extended their advance Monday as investors braced for the possibility that the government will have to issue even more debt than the market has anticipated.
Read more »Greystar Real Estate Partners Welcomes JPI Management Services to the Family (Business Wire)
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CHARLESTON, S.C.----Greystar Real Estate Partners, LLC announced, today, that they have acquired JPI Management Services, the management services division of Irving, TX based JPI. The acquisition solidifies Greystarâs position as one of the leading multifamily real estate companies in the United States.
Read more »Porsche takes indirect control of Scania (AP)
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Porsche said Monday that it had increased its stake in Volkswagen AG to more than 50 percent, a move that gave it indirect control of truck maker Scania AB and requires it to make a mandatory takeover offer for the Swedish company.
Read more »Wall Street slips on telecom, financials
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NEW YORK (Reuters) - Stocks slipped on Monday as investors took profits from the strong gains of last week, while concerns about slowing wireless growth in 2009 weighed on large telecom and cable companies.
Read more »Obama's First Test
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For the past eight years, Congress has had a remarkably consistent record. When something was important to President Bush -- particularly if it was even vaguely related to national security -- Congress pretty much always caved.
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